Our Top Visual Insights of 2023
The Growth Lab works to push the frontier of economic growth and development policy research, and our multi-disciplinary team extended our pioneering research agenda to five continents in 2023. Our researchers engaged the world in leveraging decarbonization as a pathway for growth, identifying the barriers to migration and mobility of skills, examining inequality in cities and the effects of remoteness on growth, and understanding the role of innovation in economic complexity. It’s our mission to collaborate with policymakers and share our insights with the world through teaching, publications, and open-access digital tools. In this spirit, here are some visual insights from our research in 2023. | | | |
Sustainable Recovery for Lebanon
Lebanon's current economic crisis ranks among the worst in recent history. GDP has collapsed by 38%, the local currency has lost 98% of its value, and the country suffers from high inflation. Lebanese citizens are unable to access funds in their bank accounts, while the government struggles to provide basic public services. In this new report, we propose a strategy for Lebanon’s economic recovery that addresses all the dimensions of this crisis while recognizing the need to rapidly kick-start the economic recovery. The four-point plan involves transitioning to a monetary system based on full dollarization, a bank restructuring plan to resolve the insolvency issue and revive the banking system, debt restructuring and gradual fiscal consolidation, and a strategy for new drivers of growth. | | | |
Mixed Methods Valuable in Tackling Key Challenges in Wyoming
Since August 2022, the Growth Lab has collaborated with the state of Wyoming to understand pathways to stronger economic growth. Together, we've examined Wyoming's economic landscape and delved into problems within the state's housing, grants, fiscal, workforce, and energy systems. Mixed methods—the pairing of qualitative and quantitative research—has been crucial to making real progress in Wyoming and particularly valuable in tackling two key challenges: (1) weak housing supply growth in the face of clear demand and (2) severe difficulties that municipalities encounter in winning and implementing federal grants. In this blog, our team explores the lessons learned from the mixed methods approaches key to our research. | | | |
Additional Research |
Pandemic-era Inflation Drivers and Global Spillovers
Working Paper
Muhammed A. Yildirim, et al
Food for Growth: A Diagnostics of Namibia’s Agriculture Sector
Working Paper
Andrés Fortunato and Sheyla Enciso
COVID-19 and emerging markets: A SIR model, demand shocks and capital flows
Journal of International Economics
Muhammed A. Yildirim, et al
Pretending to be the Law: Violence to Reduce the COVID-19 Outbreak
Working Paper
Diego A. Martin, et al
Mental health concerns precede quits: shifts in the work discourse during the Covid-19 pandemic and great resignation
EPJ Data Science
R. Maria del Rio-Chanona, Ljubica Nedelkoska, et al
A more globally-minded European green industrial policy
Sparking Europe’s new industrial revolution: A policy for net zero, growth and resilience
Ricardo Hausmann and Ketan Ahuja
Growth Diagnostics and Competitiveness Study of the Manufacturing Sector in Tanzania
Working Paper
Bailey Klinger, Miguel Angel Santos, Camila Arroyo, and Ekaterina Vashkinskaya | | | | | |
Development Talks
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In a conversation at the JFK Jr. Forum, Gov. Mark Gordon (R-Wyoming) discussed a range of policy issues: climate change, renewable energy, effective land and water management, and other challenges facing Wyoming and western states. |
Natalia Gavrilița, former Prime Minister of Moldova and HKS MPP 2005, visited the Growth Lab and shared her experiences dealing with the war in Ukraine, while also advancing anti-corruption, economic, and governance reforms. | | | | | |
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